Question

which of the following are necessary for a state to impose a net income tax on a foreign corporation related to sales of tangible personal property within the state? orders are approved or rejected within the state. orders are filled from within the state.

Answer 1

For a state to impose a net income tax on a foreign corporation related to sales of tangible personal property within the state, it is necessary that the orders are approved or rejected within the state and that the orders are filled from within the state.